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Business/Economy (Bloggers & Personal)

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  • Ted Cruz to address Latino issues in Hispanic Chamber of Commerce Q&A event

    04/17/2015 8:53:20 PM PDT · by 2ndDivisionVet · 47 replies
    Fox News Latino ^ | April 17, 2015 | Elizabeth Llorente
    Sen. Ted Cruz, the Texas Republican who is running for president, plans to meet with the head of a national Latino organization who accused the lawmaker of distancing himself from his ethnic community. Cruz is scheduled to meet on April 29 with Javier Palomarez, president and CEO of the U.S. Hispanic Chamber of Commerce, and hold a question-and-answer session in Washington D.C. before an audience of business leaders and journalists. “The Hispanic Chamber is an important constituency,” said Rick Tyler, the national spokesman for the Cruz campaign. “We’re going to have a conversation, the host and the senator. They will...
  • In Our Opinion: Don't fall for Cruz's IRS ploy

    04/17/2015 8:19:45 PM PDT · by 2ndDivisionVet · 24 replies
    The Oneonta Daily Star ^ | April 17, 2015 | The Editors
    If you’ve recently finished running the gantlet known as income tax preparation, you might be particularly cheered by Sen. Ted Cruz’s suggestion to abolish the Internal Revenue Service. After all, few of us — except perhaps a few tax preparers for whom the practice provides a livelihood — enjoy navigating the increasingly arcane bureaucracy that governs our tax code. Every year, it seems, there are new rules, new deductions, new forms to fill out and new uncertainty about how all of it will affect one’s bank account. So when Cruz and fellow presidential campaigner Sen. Rand Paul began talking about...
  • Coal Producer Xinergy Files for Bankruptcy in Virginia

    04/17/2015 12:09:17 PM PDT · by 2ndDivisionVet · 8 replies
    ROANOKE, VA (AP) -- Coal producer Xinergy Ltd. and more than two dozen subsidiaries have filed for Chapter 11 bankruptcy. Knoxville, Tennessee-based Xinergy filed a Chapter 11 petition last week in U.S. Bankruptcy Court in Roanoke, Virginia. The petition lists zero to $50,000 in assets and about $100 million to $500 million in liabilities....
  • Communists Demand Action For Gun Sense In America

    04/17/2015 9:38:14 AM PDT · by HammerT · 30 replies
    The People's Cube ^ | 4/16/2015 | Hammer and Loupe
    Yes, we are joining the "Moms Demand Action For Gun Sense In America" because gun owners are a threat to our children, persons, and government. There are seasons when weapons cause mass genocide to persons. Don't believe me? PETA will tell you. Gun owners should not have guns, even in their own dwelling. Guns may end up killing one or more persons. Think of the children!!! What would happen if Bambi's mother was still alive... If Michael Brown was still alive... If Che was still alive... If.... well you get the picture. Guns are bad. That includes cookie guns, paper...
  • Which Companies Paid The Most Income Tax In 2014

    04/17/2015 9:25:10 AM PDT · by SeekAndFind · 41 replies
    Zero Hedge ^ | 04/17/2015 | Tyler Durden
    Apple's market capitalization of $730 billion may now be more than double that of Exxon Mobil, but when it comes to taxes paid to the US government, it's no contest: the company with record profitability that so many progressive hipsters adore and for whose products they line up with annual regularity is billions of dollars below its "fair" contribution to the US Treasury. Ironically, it is eclipsed by that other company that so many progressives love to hate: Exxon Mobil, which paid $4 billion more in tax than Apple, yet whose valuation has been cut by 15% over the past...
  • The US labor market recovery is missing one ingredient: Labor Force Participation

    04/17/2015 9:03:29 AM PDT · by SeekAndFind · 10 replies
    The Blackrock Blog ^ | 04/17/2015 | by Russ Koesterich, CFA BlackRock Global Chief Investment Strategist
    Despite last month’s poor jobs report, the U.S. labor market is improving. Job creation is running at the fastest pace since the late 1990s, and there is some evidence that wage growth is finally starting to accelerate, albeit modestly.However, one key component is missing from the labor market recovery: rising labor force participation.In March, labor force participation declined 0.1% to 62.7%, the lowest rate since the late 1970s.Why are so few Americans participating in the labor market even as jobs become more plentiful? I see three main reasons.1. An aging population. While the Great Recession inflicted significant damage on the...
  • A Change In The Weather - Looking At The Current GOP Field

    04/17/2015 7:25:30 AM PDT · by Cincinatus' Wife
    Joshuapundit Blogspot ^ | April 13, 2015
    It's early days, and a few people who will likely be running haven't formally announced yet. But I think it's worth looking at Republican contenders for the White House and giving you my initial impressions. I'll be looking at Democrats in a subsequent article. Senator Ted Cruz was the first to announce, and of course caught an initial blast from the Left's media hacks. We certainly can't dignify them with the term 'journalist since so many of them are simply Leftist activists with access to a microphone or a byline. Expect them to ignore blatant violations of law by the...
  • MS: Governor Signs 90% Constitutional Carry on April 10th (SB 2394)

    04/17/2015 5:15:19 AM PDT · by marktwain · 15 replies
    Gun Watch ^ | 16 April, 2015 | Dean Weingarten
    How do we classify Mississippi now?  In Mississippi, you do not need a license to carry a handgun openly.   Under very liberal restrictions, you will not need a license to carry a handgun concealed.  The new law goes into effect on 1 July, 2015, in two and a half months.  From the NRA-ILA: Late Thursday, Governor Phil Bryant (R) signed Senate Bill 2394, a bill prioritized for passage by Lt. Governor Tate Reeves and sponsored by Sen. Terry Burton (R), and Senate Bill 2619, sponsored by Sen. Haskins Montgomery (D), into law.  These two measures make critical pro-Second Amendment reforms, including a clarification that...
  • The legal dilemma posed by pistol-gripped shotguns

    04/16/2015 1:49:06 PM PDT · by marktwain · 39 replies
    Of Arms and the Law ^ | 14 April, 2015 | David Hardy
    <p>Interesting issue ... and here I'm referring to shotguns which were originally made with a rear pistol grip in place of a buttstock.</p> <p>Under the Gun Control Act, the issue seems simple: they are pistols. Very big pistols, but pistols. Thus they have been treated, and sold in large numbers over quite a few years.</p>
  • WATCH: ESPN’S BRITT MCHENRY BRUTAL TREATMENT OF A PARKING LOT ATTENDANT (VIDEO)

    04/16/2015 11:56:58 AM PDT · by TexasCajun · 102 replies
    Breitbart.com ^ | 16 Apr 2015 | TRENT BAKER
    In a video of what appears to be ESPN reporter Britt McHenry berating a parking lot attendant has surfaced. McHenry is shown making fun of the woman’s features, and even asking her “Do you know who I am?” McHenry is visibly upset, although we are unable to see what may have pushed to her treating the attendant so poorly in the video that clearly had some portions edited out of it. McHenry can be heard saying, “I’m in the news sweetheart, I will f—ing sue this place.” “Do you feel good about your job? So I could be a college...
  • Many say "consumption" drives the US economy. This financial expert says that is completely wrong.

    04/16/2015 9:57:34 AM PDT · by fredericbastiat1 · 84 replies
    TheBlaze Books ^ | 2015-04-06 | Benjamin Weingarten
    If you listen to the news on the economy or financial markets, you have probably heard statements like “consumption drives the American economy,” or “consumption is 70% of the economy.” But in a new book out that follows in the footsteps of Henry Hazlitt’s classic “Economics in One Lesson” — though in a much more fun package — titled “Popular Economics: What the Rolling Stones, Downton Abbey, and LeBron James Can Teach You about Economics,” Forbes and RealClearMarkets Editor, and senior economic advisor to Toreador Research and Trading John Tamny challenges this and much other “conventional wisdom” on taxes, regulations,...
  • Clinton praises Warren as ‘progressive champion'

    04/16/2015 8:16:40 AM PDT · by Cincinatus' Wife · 21 replies
    The Hill ^ | April 15, 2015 | Ben Kamisar
    Hillary Clinton lauds Sen. Elizabeth Warren (D-Mass.) as a “progressive champion” in a Time magazine tribute written amidst calls from the left that Clinton should use the freshman senator as a model in her presidential bid. Praising Warren’s “unflagging determination to level the playing field for hardworking American families” and her goal of helping others “Share in the American Dream,” Clinton compared the senator to the “liberal lion,” former Sen. Ted Kennedy (D-Mass). “It was always going to take a special kind of leader to pick up Ted Kennedy’s mantle as senior Senator from Massachusetts—champion of working families and scourge...
  • Chipotle manager says Hillary didn't tip

    04/16/2015 2:01:16 AM PDT · by Cincinatus' Wife · 64 replies
    The Hill ^ | April 15, 2015 | Mark Hensch
    The manager of an Ohio Chipotle restaurant on Wednesday said Hillary Clinton didn’t drop money in the tip jar during her visit earlier this week. Bloomberg reported that Charles Wright, manager of Chipotle’s Maumee, Ohio, location, said Clinton left no change after placing her order Monday afternoon. “Her bill was $20 and some change, and they paid with $21 and left,” Wright said of the Democratic presidential candidate’s spending. Clinton, who was on her way to Iowa, visited the Maumee franchise during its afternoon lunch rush alongside Huma Abedin, the vice chairwoman of her presidential campaign. Employees did not recognize...
  • LETTERS: Candidate Ted Cruz; oil and gas interests

    04/15/2015 11:04:37 PM PDT · by 2ndDivisionVet · 12 replies
    The Fort Worth Star-Telegram ^ | April 15, 2015 | Various
    Candidate Ted Cruz A declared presidential candidate has a proven track record that supports his promises to honor the Constitution and his Christian faith. He has the audacity to imagine smaller, less-intrusive government, healthcare between doctor and patient without government, a greatly simplified tax system with a flat tax, a strong military, our unabridged right to bear arms, a controlled southern border and education controlled by the states — not by the federal government or the United Nations. These positions synchronize with those of George Washington, the remainder of our Founding Fathers and Ronald Reagan. How refreshing! For these views...
  • Is Newark the Next Brooklyn?

    04/15/2015 9:55:20 PM PDT · by 2ndDivisionVet · 4 replies
    Politico Magazine ^ | March 19, 2015 | Jason Nark
    The “homeless billionaire,” a world-renowned architect and the future of Brick City.Newark is building again. Yes, that Newark—the city in Jersey that burned after the ’67 riots, the one that helped to define “white flight,” that struggles still with almost impenetrable unemployment and homelessness and crime. That city is building. And here it all is—its past and present and future—pouring through Irene Hall’s floor-to-ceiling windows downtown: the whites and browns of the Old First Presbyterian Church, founded in 1666; haggard red brick facades with windows sealed off by cinderblock; the neon blue lights of Hotel Indigo, which opened last year...
  • The Father of Chelsea Clinton's Husband....Pleaded Guilty to Fraud....

    04/15/2015 8:37:10 PM PDT · by Reverend Saltine · 15 replies
    Snopes.com ^ | September 29, 2014 | Snopes
    http://www.snopes.com/politics/clintons/mezvinsky.asp "...'Fast Eddie' [Mezvinsky] got caught with his hand in the till. He cheated investors out of more than $10 million dollars. He went to prison for several years. This weekend, his son married Chelsea Clinton. Read more at http://www.snopes.com/politics/clintons/mezvinsky.asp#i2s7uTvAJedqrvge.99
  • Fraud and the IRS

    04/15/2015 5:07:37 PM PDT · by lyby · 27 replies
    lyby ^ | 4-15-2015 | lyby
    I have believed for close to 20 years that the 16th amendment was never properly ratified and that the IRS and all the shenanigans we citizens go through every year is ILLEGAL. For all of my adult life, I have spent 6 months dreading tax season and then 6 months worrying if maybe I had done something wrong when filing them. This year, when our tax preparer (for the first time in my adult life, we actually hired a preparer as I believed that a citizen should NOT have to pay someone else to do their taxes, as it should...
  • TRUMP: 'I'm going to surprise a lot of people' in 2016

    04/15/2015 3:43:09 PM PDT · by 2ndDivisionVet · 72 replies
    Business Insider ^ | April 15, 2015 | Hunter Walker
    Republican businessman Donald Trump on Tuesday announced the formation of a presidential exploratory committee. This step is the closest Trump has come to officially launching a White House bid, and, in a conversation with Business Insider on Wednesday, he suggested it should serve as notice to those who doubt he's seriously considering the 2016 race. He decided not to run in 2012 after a lengthy, public flirtation with the prospect. "This time, I'm very far down the line, so we'll see what happens," Trump said. "I'm going to surprise a lot of people."(continued)
  • Significant Picture Placement at the NRA Meeting?

    04/15/2015 1:19:27 PM PDT · by marktwain · 17 replies
    Gun Watch ^ | 12 April, 2015 | Dean Weingarten
    My war was the Cold War.  I spent a good chunk of my career helping to develop weapons to counter the communist threat.  A chunk of our intelligence effort was spent attempting to determine what was going on inside of the Soviet Union, who might succeed who in the leadership, and what it might mean. Watching the NRA and trying to determine what is happening in its internal politics is much like that.  There are the public pronouncements, that tell us some of what happened, after the fact.  While the NRA elections can have a significant effect on select...
  • CRUZ: More of Americans’ hard-earned wages should be able to stay in their wallets

    04/15/2015 12:49:48 PM PDT · by 2ndDivisionVet · 26 replies
    The Pearland Journal ^ | April 15, 2015 | Senator Ted Cruz (R-TX)
    U.S. Sen. Ted Cruz, R-Texas, released the following statement marking Tax Day: "Tax day is upon us again. But this year it’s different. This year, on top of the frustrating reminder that Americans are giving too much of their income to fund too many wasteful government programs, families are now being forced to pay the Obamacare tax for the first time. "Instead of government-run healthcare that increases taxes, limits options, and puts the government between patients and their doctors, imagine a free-market system that enables healthcare to be personal, portable and affordable. Instead of a tax code that crushes innovation...